Continental Gold Inc (TSE:CNL) Director Leon Teicher purchased 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 19th. The shares were purchased at an average cost of C$3.27 per share, with a total value of C$16,350.00.
Shares of Continental Gold Inc (TSE:CNL) traded down 0.30% on Friday, hitting $3.32. 458,882 shares of the stock were exchanged. Continental Gold Inc has a one year low of $2.30 and a one year high of $5.75. The company’s market cap is $471.06 million. The firm’s 50-day moving average is $4.01 and its 200-day moving average is $4.10.
Several research analysts recently issued reports on CNL shares. Royal Bank of Canada increased their price target on shares of Continental Gold from C$5.50 to C$6.00 and gave the stock an “outperform” rating in a report on Friday, January 13th. Dundee Securities assumed coverage on shares of Continental Gold in a report on Wednesday, January 25th. They issued a “buy” rating and a C$7.00 target price for the company. Scotiabank increased their target price on shares of Continental Gold to C$5.50 and gave the company a “sector perform” rating in a report on Wednesday, January 11th. Finally, BMO Capital Markets increased their target price on shares of Continental Gold from C$6.25 to C$6.50 in a report on Wednesday, January 11th.
Continental Gold Company Profile
Continental Gold Limited is an exploration-stage company. The Company is engaged in the acquisition, exploration, evaluation and development of principally gold resource properties in Colombia. The Company holds the rights to explore and develop six properties in Colombia totaling approximately 122,317 hectares.
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